GB Retail Sales Ex Gasoline (M/M)

Fx News Spike Signals by Crazy Cat, 2019/09/19

Release Time: 04:30 New York time (EST)
Primary currency pair: GBP/USD
Forecast: -0.3%
Prior: 0.2%
LT1 (Lower Trigger 1): --- [SELL]
UT1 (Upper Trigger 1): +++ [BUY]
Safety: 7

Due to uncertainty about Brexit, be careful about trading British reports for the next few months. The market surely is very focused on the Brexit outcome. For that reason, I will not provide triggers today.

Based on 20 estimates for GB Retail Sales without Gasoline (M/M), median estimate is -0.3%, and the average estimate is -0.23%. The highest estimate is +0.2% (two estimates), the second highest is 0.1% (one vote), then 0.0% (three estimates), then -0.1% (one estimate), then -0.2% (two estimates), -0.3% (four votes), -0.4% (three votes), -0.5% (three votes), and finally -0.6% (one estimate). One standard deviation is +/- 0.24, slightly lower than last month.

As always it's a very good habit to check historic price action by going to our economic calendar where you can check exactly what happened in the past but just be careful.

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